Investments by NRIs/OCBs in the shares of Indian Companies
The Reserve Bank of India on June 16, 2000 has notified that non-resident Indians (NRIs), overseas corporate bodies (OCBs) can now purchase equity shares and convertible debentures of M/s. Rama Phosphates Ltd. up to 24 per cent of its paid up capital through stock exchanges under the portfolio investment scheme (PIS), as the company has passed a resolution at its General Body Meeting to this effect.
P. V. Sadanandan
Asstt. Manager
Press Release : 1999-2000/1686
Monitoring of Investments in Companies
FII Investment | | NRIs/OCBs/PIOs Investment |
| Not applicable | | Click here for companies in which 8 per cent trigger limit is reached | | | | | | Click here for companies in which 10 per cent ceiling is reached | | | | Click here for companies in which 22 per cent trigger limit is reached | | Click here for companies in which 22 per cent trigger limit is reached | | | | Click here for companies in which 24 per cent ceiling is reached | | Click here for companies in which 24 per cent ceiling is reached | | | | Click here for companies in which 28 per cent trigger limit is reached | | Not applicable | | | Click here for companies in which 30 per cent ceiling is reached | | | | Click here for companies in which 40 per cent ceiling is reached | |
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| Click here for regulations relating to ceilings on FII/NRI/OCB/PIO investments Click here to know how the Reserve Bank of India monitors the ceilings Click here for the public sector banks in which 18% investment limit is reached |
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